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About WisTAF

Everyone in Wisconsin has common needs: a home, access to medical care, a good job, safety from harm. But at times, barriers stand between those needs and us. Unfair landlords, insurance companies that refuse to honor their policies, discrimination from employers or the fear of an abusive spouse or family member are obstacles that need legal help to overcome. The chasm that stretches between people in Wisconsin who have access to the justice system and those who don’t is deep. Our neighbors face loss of their home, impossibly high medical costs, joblessness and, in the case of severe domestic abuse, possibly the loss of their own or a loved one’s life.   

The Wisconsin Trust Account Foundation (WisTAF) works to bridge that gap. WisTAF brings Wisconsin’s legal and financial communities together to generate funds, which it then uses to make grants to agencies providing civil legal services to Wisconsin’s low-income residents. Families and individuals throughout the state receive the legal help they need to escape domestic violence, find housing and receive medical benefits, among many other legal needs. Grant money also funds law-related services such as legal education, indirect legal services or other community services approved by the Wisconsin Supreme Court.

Over the past 23 years, WisTAF has granted $37 million to agencies working for increased access to civil justice.
 


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FDIC Adopts Final Rule Extending TAG Program Through December 31, 2010

June 22, 2010 - The Federal Deposit Insurance Corporation (FDIC) adopted a final rule extending the Transaction Account Guarantee (TAG) program for six months, from July 1, 2010 through December 31, 2010. Under the TAG program, customers of participating insured depository institutions are provided full coverage on qualifying transaction accounts. more


New FDIC rule extends insurance coverage on IOLTA accounts until at least December 31, 2010

On April 13, 2010, the Federal Deposit Insurance Corporation (FDIC) approved interim rules extending the Transaction Account Guarantee (TAG) Program to December 31, 2010. The rule provides for unlimited insurance for non-interest bearing transaction accounts (including IOLTA and functionally equivalent accounts), regardless of dollar amount, held in participating financial institutions. The rule also allows for the FDIC to extend the program through December 31, 2011 if the FDIC determines that economic conditions warrant such an extension. more


Now available - List of IOLTA Participating Financial Institutions and Prime Partners

The Wisconsin Trust Account Foundation, Inc. (WisTAF) works closely with financial institutions to verify their status as "IOLTA participating financial institutions" in the Interest on Lawyers' Trust Accounts (IOLTA) Program and assist in aligning with the rule governing IOLTA accounts. more


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